Rate of exchange of conversion of each of the foreign currency with effect from 17th January, 2014

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMSNotification No. 3/2014-Customs (N.T.)

Dated the 16th January, 2014
26 Pausa, 1935(SAKA)

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue)No.1/2014-CUSTOMS (N.T.), dated the 2nd January, 2014 vide number S.O. 17 (E), dated the 2nd January, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 17th January, 2014 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.SCHEDULE-I

S. No.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Australian Dollar

55.05

53.70

2.

Bahrain Dinar

168.30

159.10

3.

Canadian Dollar

57.05

55.75

4.

Danish Kroner

11.45

11.10

5.

EURO

85.05

83.05

6.

Hong Kong Dollar

8.00

7.90

7.

Kuwait Dinar

224.60

211.60

8.

New Zealand Dollar

52.10

50.65

9.

Norwegian Kroner

10.20

9.90

10.

Pound Sterling

102.15

99.90

11.

Singapore Dollar

48.95

47.90

12.

South African Rand

5.85

5.50

13.

Saudi Arabian Riyal

16.90

16.00

14.

Swedish Kroner

9.70

9.40

15.

Swiss Franc

68.70

67.05

16.

UAE Dirham

17.30

16.35

17.

US Dollar

62.20

61.20

SCHEDULE-II

S. No.

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees